431 N La Cienega BLVD, Los Angeles, CA 90048
431 N La Cienega BLVD, Los Angeles, CA 90048
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$36,900,000
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0.62 Acres Lot
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431 N La Cienega BLVD Los Angeles, CA 90048

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Shayda Nakhshab Williams

Shayda Nakhshab Williams

+1(760) 454-9644

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26865491

HOA Y/N No

Lot Size 0.624 Acres

Property Description

We are proud to present a fully entitled redevelopment site for 389-units located at 431 La Cienega Boulevard in Los Angeles, California. The subject property is situated in one of the best pockets of Beverly Grove location just a couple blocks from the Beverly Center, north of Beverly Boulevard and west on La Cienega Boulevard. Fully entitled for 389-units under the Mayor's Executive Directive 1 (ED1), the plans call for two hundred twenty-one (221) Studio / 1-Bathroom units and one hundred sixty-eight (168) 1-Bedroom / 1-Bathroom units. The building is planned to go eight (8) stories in height with a highly efficient, stackable design enabling modular construction from floors 2-8, and one (1) level subterranean which is designed as an express car wash. The site is just a couple blocks north of the acclaimed Beverly Center and Cedars-Sinai Medical Center, and less than half a mile southwest from the Pacific Design Center and West Hollywood Park. Situated in one of the best located pockets of Beverly Grove between West Hollywood and Beverly Hills, this offering presents a once in a lifetime opportunity to capitalize on high density plans in an irreplaceable, heavily supply constrained market of Los Angeles. *OM Available Upon Request

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights

Building

New Construction No

Others

Senior Community No

Tax ID 4337009016

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by John Boyett CBRE #02056759

NEARBY SCHOOL & BUSINESS

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Shayda Nakhshab Williams

Shayda Nakhshab Williams

Agent | License ID: 02156497

+1(760) 454-9644

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431 N La Cienega BLVD